Businesses awarded for top reputations Business

Businesses awarded for top reputations

Lists of top public companies and those in the banking, insurance, and technology sectors in 2022 was released by the Vietnam Report JSC and VietNamNet newspaper on August 3.
Top 50 prestigious public companies in 2021 announced Business

Top 50 prestigious public companies in 2021 announced

Vinhomes JSC, Hoa Phat Group JSC, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Military Commercial Joint Stock Bank and Vietnam Dairy Products Joint Stock Company (Vinamilk) are among the top 50 public companies in 2021 announced by Vietnam Report.
Stock market liquidity hit new peak Business

Stock market liquidity hit new peak

Liquidity on Vietnam’s stock market hit a new record on August 20 with a total of more than 48.3 trillion VND (over 2.1 billion USD), worth of shares traded on both bourses.
Vietnam, US share audit experience Business

Vietnam, US share audit experience

Deputy State Auditor General Vu Van Hoa has expressed wish to continue cooperating with the US’s Public Company Accounting Oversight Board (PCAOB) in the near future during a recent working session in Washington D.C.
Int’l accounting rules compulsory after 2025: draft Business

Int’l accounting rules compulsory after 2025: draft

The adoption of International Financial Reporting Standards (IFRS) will be compulsory for State-owned enterprises (SOEs), listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance recently made public for comments.
Relaxation of foreign ownership cap helps VN market raise status Business

Relaxation of foreign ownership cap helps VN market raise status

The new amended draft law on securities allowing full foreign ownership at public companies and investment funds would help Vietnam’s securities market be included in the Morgan Stanley Capital International (MSCI)’s review list for a potential reclassification to Emerging Markets status.
Vietnamese firms told to improve oversight of RPTs Business

Vietnamese firms told to improve oversight of RPTs

Vietnamese public companies, especially listed ones, should have clear policies and procedures governing related party transactions (RPTs) and an effective oversight mechanism that complies with the laws and follows best international practices.